Welcome to our dedicated page for Axos Financial news (Ticker: AX), a resource for investors and traders seeking the latest updates and insights on Axos Financial stock.
Axos Financial, Inc. reports news on its nationwide digital banking and securities-services businesses. The company is the holding company for Axos Bank, Axos Clearing LLC and Axos Invest, Inc., with operations organized around a Banking Business Segment and a Securities Business Segment.
Recurring updates cover fiscal results, loan and deposit trends, small business banking, digital account and payments partnerships, securities clearing and advisory services, and capital or regulatory developments affecting the bank subsidiary. News also includes Verdant Commercial Capital, a division of Axos Bank that provides equipment and software financing for business-essential assets and participates in equipment receivables securitizations.
Axos Financial (NYSE:AX) has announced two significant updates: First, the company will host a conference call on October 30, 2025, at 5:00 PM ET to discuss its Q1 fiscal 2026 financial results. The earnings release will be distributed after market close on the same day.
Additionally, Axos has successfully completed the acquisition of Verdant Commercial Capital on September 30, 2025, marking a significant expansion in their business operations. Further details about this acquisition can be found in their Form 8-K filed with the SEC on September 22, 2025.
Axos Bank (NYSE: AX) announced the acquisition of Verdant Commercial Capital (VCC), an independent equipment leasing company, for an initial purchase price of $43.5 million in cash. VCC's portfolio includes $1.1 billion in loans and leases, comprising $750 million in on-balance sheet securitizations and $350 million in loans and leases.
The deal includes a 10% premium on Verdant's book value at closing and potential performance-based earn-outs capped at $50 million over four years if VCC achieves ROE above 15%. The acquisition is expected to be accretive to earnings per share by 2-3% in fiscal 2026 and 5-6% in fiscal 2027. The transaction is set to close on September 30, 2025.
Axos Financial (NYSE: AX) has announced the pricing of $200 million in Fixed-to-Floating Rate Subordinated Notes due 2035. The Notes will initially carry a 7.00% interest rate until October 2030, after which they will shift to a floating rate of Three-Month Term SOFR plus 379 basis points.
The Notes, rated BBB by Kroll Bond Rating Agency, will be used to repay existing $175 million subordinated notes due 2030 (which were set to reprice to approximately 9%) and support growth initiatives. Keefe, Bruyette & Woods and Raymond James are serving as joint book-running managers, with B. Riley Securities and Janney Montgomery Scott as co-managers.
Axos Financial (NYSE: AX) will celebrate Axos Bank's 25th anniversary by ringing The Closing Bell® at the New York Stock Exchange on September 10, 2025. The ceremony marks the company's evolution from one of the nation's first digital banks into a diversified, technology-driven financial services provider.
CEO Greg Garrabrants and the executive leadership team will participate in the celebration, highlighting the company's journey of innovation since its founding in 2000. The company has expanded from its digital banking roots to serve consumers, businesses, and institutions across the banking and securities ecosystem.
Axos Financial (NYSE: AX) reported strong Q4 fiscal 2025 results with net income of $110.7 million and diluted EPS of $1.92, up from $104.9 million and $1.80 in Q4 2024. The company achieved significant loan growth of $856 million in the June quarter, with ending net loan balances reaching $21.0 billion.
Key highlights include a net interest margin of 4.84%, total deposits of $20.8 billion (up 7.6% YoY), and non-interest income of $41.3 million (up 33.8% YoY). The company's book value per share increased 17.9% to $47.46. For the full fiscal year 2025, Axos reported net income of $432.9 million, with adjusted earnings showing a 10.4% increase year-over-year.
Axos Financial (NYSE:AX) celebrates its 25th anniversary on July 4th, 2025, marking its evolution from a digital bank to a comprehensive financial services firm. The company, which deliberately chose Independence Day as its launch date, has transformed into a nationwide provider of deposit, lending, and securities services for consumers, small businesses, and commercial clients.
Under the leadership of CEO Greg Garrabrants, Axos has established itself as a pioneer in digital banking, focusing on technological excellence and innovation. The company's digital-first approach has enabled strong client growth and continuous investment in enhanced technology and expanded services.
Axos Financial (NYSE: AX) has scheduled its fourth quarter fiscal 2025 earnings conference call for July 30, 2025, at 5:00 PM ET. The company will release its financial results after market close at 4:00 PM ET on the same day.
Additionally, Axos announced the financial impact of recent California tax law changes. Due to modifications in how financial institutions' multi-state income is apportioned to California, the company expects to recognize a one-time non-cash impairment of approximately $4 million in Q4 fiscal 2025. However, the company projects a positive long-term impact with an estimated 3% reduction in its effective tax rate for fiscal year 2026 and beyond.
Axos Clearing, a subsidiary of Axos Financial (NYSE: AX), has announced a strategic partnership with Alden Investment Group, an independent wealth management firm. The partnership leverages Axos Complete™, a fully integrated technology suite that connects front, middle, and back-office operations.
Through this collaboration, Alden will utilize Axos Complete™ to streamline operations and provide advisors with a professional workstation while offering clients a branded digital portal. The platform enables unified management of both RIA and broker-dealer business lines, providing real-time access to banking, investment accounts, and reports in one connected experience.
Axos Financial (NYSE: AX) has announced a significant expansion of its stock repurchase program, with its Board of Directors authorizing an additional $100 million increase. This expansion adds to the existing buyback program announced in April 2023, of which approximately $48 million remains from the previous increase made in February 2024.
The company maintains flexibility in executing the repurchases, which can be conducted through open market or private transactions. The timing and pricing of buybacks will be at management's discretion, considering factors such as alternative capital uses, stock price, market conditions, and other variables. The program has no predetermined start or end date.
["Board authorized substantial $100 million increase to share repurchase program", "Flexible implementation allowing management to optimize timing and pricing", "$48 million still remains from previous buyback authorization", "No time constraints on the program execution"]Axos Financial reported its Q3 fiscal 2025 results with net income of $105.2 million and diluted earnings per share of $1.81, showing a decrease from $110.7 million and $1.91 EPS in Q3 2024. The company achieved strong loan growth of over $700 million, marking its strongest quarter in FY2025.
Key highlights include:
- Net loan balances reached $20.2 billion, up 3.6% from December 2024
- Total deposits increased to $20.1 billion
- Net interest margin was 4.78%
- Book value per share grew 19% to $45.79
The company's credit quality improved with declining non-performing assets, while net interest income rose 5.3% to $275.4 million. Axos repurchased approximately $28 million of common stock in Q3 and an additional $30 million in April 2025. The company's total assets increased 4.9% to $24.0 billion, while stockholders' equity grew 13.7% to $2.6 billion.